Google slaps a ban on cryptocurrency ads

Google has announced that advertisements for cryptocurrencies will be banned from its platform starting in June. The ban not only covers currencies such as Bitcoin and Ethereum, but also related products such as initial coin offerings, cryptocurreny exchanges and digital wallets. The announcement came as Google is relying on new technology to detect and remove ads that violate policies. The company says it removed over 3.2 billion ads in 2017, and while it does not give a precise reason for the cryptocurrency ad ban, it says it is part of “improving the ads experience across the web.” See also: Cryptocurrency…